Asda has 17 stores in the North. Photograph: PA Wire

Asda’s US owner has said it is “seriously considering” a stock market flotation for the UK supermarket after the chain’s deal to merge with rival Sain(...)

The CMA said “no assumption should be made that FP McCann Limited has infringed the law”. Photograph: iStock

The UK’s Competition and Markets Authority is investigating Northern Ireland-headquartered FP McCann Limited, one of the largest manufacturers and sup(...)

Asda has agreed a deal to merge with Sainsbury’s.

Asda, the UK’s third-largest supermarket chain and operator of 10 outlets in the North, said its same-store sales grew for a fifth consecutive quarter(...)

Directors at the collapsed engineering giant Carillion were too busy “stuffing their mouths with gold” to worry about the workers and should face the possibility of disqualification, according to a scathing report by MPs. Photograph: PA

British MPs have demanded the big four accountancy firms be referred to competition authorities for potential break-up following the collapse of gover(...)

Comcast said it wanted Sky to be its platform for European growth. Photograph: PA Wire

Comcast, America’s largest cable company, submitted a £22 billion (€25.2 billion) bid for Sky on Wednesday, prompting the European pay TV group to dro(...)

The intervention comes on the back of a string of high-profile accounting scandals. Photograph: iStock

A UK financial regulator has called for an inquiry into whether the big four accounting firms should be broken up, in a move aimed at ending their dom(...)

In provisionally blocking Rupert Murdoch’s bid to acquire Sky, the UK’s Competition and Markets Authority highlighted “media plurality concerns” – in other words, how much power the Murdoch family would wield over the British media world after the takeover. Photograph: Daniel Leal-Olivas/AFP/Getty Images

Rupert Murdoch is a man accustomed to getting his own way. After all, he famously renounced his Australian citizenship more than three decades ago in (...)

Tesco’s move on Booker in January sparked further consolidation in Britain’s £185 billion grocery market as supermarkets seek additional sources of growth. Photograph: Toby Melville/Reuters

Supermarket group Tesco won provisional approval for its £3.7 billion of wholesaler Booker from the UK competition regulator on Tuesday, moving Britai(...)

Tom O’Mahony, Origin chief executive: the firm’s acquisition of the fertiliser activities of Bunn Fertiliser earlier this year has fallen foul of UK competition authorities. Photograph: Eric Luke / THE IRISH TIMES

Irish agri-services company Origin Enterprises’ acquisition of the fertiliser activities of Bunn Fertiliser earlier this year has fallen foul of UK co(...)

Just Eat agreed to pay £200 million to Delivery Hero for Hungryhouse and could shell out another £40 million

Online takeaway ordering firm Just Eat is to face a full-blown investigation into its takeover of rival Hungryhouse amid concerns the deal could curb (...)

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